The Canadian economy's disappointing step backward in November has strengthened the case for the Bank of Canada to cut interest rates further to stanch the bleeding.
There may not be a good way to cut staff - as any number of now unemployed workers in the oilpatch can attest - but Tim Hortons certainly found a bad way to do it.
TORONTO - A published report says the Canadian Imperial Bank of Commerce (TSX:CM) has cut more than 500 jobs over the past two weeks.
B.C.'s new liquor laws are supposed to kick in on April Fool's Day. Big grocery stores can start selling liquor, a new one-size-fits-all wholesale pricing model takes effect, and government liquor stores can open on Sundays and sell cold beer and wine.
(Bloomberg) -- Greece's government bonds and stock market plunged in the week after the election of Syriza, the political party whose vow to renegotiate debt obligations and roll back austerity measures has sparked an investor flight.